QNB has launched direct remittance service for money transfers from Qatar to the Philippines, which makes it the first bank in Qatar to launch the service. To provide this service, QNB will connect with China Bank, one of the leading private universal banks in the Philippines through ‘RippleNet’, the financial technology powered by leading enterprise blockchain and crypto solutions provider, Ripple. The new service will provide the bank’s customers with a convenient remittance experience and a fast cross-border money transfer solution. QNB's latest first-to-market solution complements the Bank's efforts to improve cross-border payments, upholding its leadership position in Qatar in the
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